The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February 2013.
Single Owned Housing Starts Increase
Single-family housing starts in February were at a rate of 618,000; this is 0.5 percent (±12.1%)* above the revised January figure of 615,000. The February rate for units in buildings with five units or more was 285,000.
Privately owned Housing Starts Increase
Privately-owned housing starts in February were at a seasonally adjusted annual rate of 917,000. This is 0.8 percent (±10.6%)* above the revised January estimate of 910,000 and is 27.7 percent (±13.7%) above the February 2012 rate of 718,000.
